Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (133.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis: . GBPJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 53.
@37ebca53122c4bb98665afc72ffbe0, Please don't forget to follow us to get notifications about new published ideas. we hope next time you be lucky and don't miss it.